My wife does not work outside our home and therefore will not have pension income that normally results from employment income. How can we set up a retirement income plan for her?

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My wife does not work outside our home and therefore will not have pension income that normally results from employment income. How can we set up a retirement income plan for her?

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Assuming you have sufficient RRSP deduction room, you can contribute to a spousal RRSP. When your wife withdraws from the plan, providing you do not make contributions for a minimum period, the income will be taxable to your wife.